Housing costs in Hillsborough township?
A typical home costs
$554,000, which is 63.9% more expensive than the national average of
$338,100 and 28.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hillsborough township costs
$2,260 per month, which is 58.0% more than the national average of
$1,430 and 24.3% more than the state average of
$1,710.
Can I afford Hillsborough township?
To live comfortably in Hillsborough township, New Jersey, a minimum annual income of
$106,200 for a family, and
$71,600 for a single person is recommended.
What does A.I. say about Hillsborough township?
Hillsborough, NJ is known for its high cost of living. Homes are expensive in Hillsborough and the median home cost is nearly $447,000, which is significantly higher than the national median of less than $200,000. Additionally, goods and services can be pricey throughout the town with groceries coming in at about 7% above the national average. Furthermore, transportation costs can be high in Hillsborough due to its lack of public transportation and reliance on private vehicles. Despite these costs, many residents consider the quality of life that Hillsborough provides to be well worth the expense.